The Board of Control for Cricket in India (BCCI) has revealed a noteworthy surge in income for the ongoing financial year, amounting to INR 2,198.23 crore. This announcement was made during the BCCI Annual General Meeting (AGM) in Goa on Monday (September 25).
Treasurer Ashish Shelar announced the impressive figures, stating that in comparison to the INR 4,360.57 crore income generated in the financial year 2021-22, the current fiscal year has witnessed a substantial growth, with revenues reaching INR 6,558.80 crore. This remarkable upswing in earnings marks a positive turn for the BCCI.
The previous year’s dip in revenue was largely attributed to the impact of the Covid-19 pandemic. Shelar elaborated, “This is to bring to your notice that due to Covid-19, the cricketing season in 21-22 was cut down to only three tournaments. The domestic season of 2020-21 was at full strength except a few junior tournaments, like Under 16, etc. However, the year 2022-23 brought back all the hopes and confidence to conduct the entire domestic season with enthusiasm.”
He further added, “The baton handed over to me by my predecessors in a very healthy financial position, and I will make sure that it grows stronger as time passes to see in a position and where the BCCI stands today is a result of collective effort by all the ex and present officials. The broad horizon of vision in the form of leadership along with strong commitment of all members of the BCCI has taken the sport of cricket to such a respectable height in a span of very few years.”
Moreover, BCCI members have been informed that the board’s income is expected to witness a significant multiplication in the coming years. By 2027, the annual income of the BCCI is projected to surpass INR 80,000 crore. This growth is attributed to the BCCI’s increased share of revenue from the International Cricket Council (ICC), which has risen from about 18 percent to 38.5 percent.